W W Grainger Inc (NYSE:GWW) Director Lucas E. Watson bought 195 shares of the stock in a transaction dated Monday, February 5th. The shares were acquired at an average price of $256.51 per share, for a total transaction of $50,019.45. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of W W Grainger Inc (GWW) opened at $259.89 on Thursday. The company has a market cap of $14,810.00, a price-to-earnings ratio of 22.68, a price-to-earnings-growth ratio of 1.89 and a beta of 0.88. W W Grainger Inc has a 1 year low of $155.00 and a 1 year high of $298.14. The company has a debt-to-equity ratio of 1.23, a quick ratio of 1.18 and a current ratio of 2.13.
W W Grainger (NYSE:GWW) last issued its earnings results on Wednesday, January 24th. The industrial products company reported $2.94 EPS for the quarter, topping the consensus estimate of $2.18 by $0.76. The company had revenue of $2.63 billion for the quarter, compared to analyst estimates of $2.57 billion. W W Grainger had a net margin of 5.62% and a return on equity of 35.76%. The business’s revenue was up 6.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.45 EPS. sell-side analysts predict that W W Grainger Inc will post 13.83 earnings per share for the current fiscal year.
A number of equities analysts recently weighed in on GWW shares. Stifel Nicolaus reiterated a “hold” rating and issued a $278.00 price objective on shares of W W Grainger in a research report on Friday, January 26th. Zacks Investment Research upgraded shares of W W Grainger from a “hold” rating to a “buy” rating and set a $319.00 price objective on the stock in a research report on Tuesday, January 30th. Stephens reiterated a “hold” rating and issued a $264.00 price objective on shares of W W Grainger in a research report on Thursday, January 25th. Robert W. Baird upgraded shares of W W Grainger from a “neutral” rating to a “buy” rating in a research report on Thursday, January 25th. Finally, Royal Bank of Canada reiterated an “underperform” rating and issued a $206.00 price objective on shares of W W Grainger in a research report on Thursday, January 25th. Six analysts have rated the stock with a sell rating, ten have issued a hold rating and three have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $234.38.
Large investors have recently added to or reduced their stakes in the company. Exane Derivatives acquired a new position in shares of W W Grainger during the 3rd quarter worth $101,000. Westside Investment Management Inc. acquired a new position in shares of W W Grainger during the 3rd quarter worth $107,000. Fieldpoint Private Securities LLC acquired a new position in shares of W W Grainger during the 3rd quarter worth $133,000. Legacy Advisors LLC acquired a new position in shares of W W Grainger during the 3rd quarter worth $198,000. Finally, Glenview State Bank Trust DEPT. acquired a new position in shares of W W Grainger during the 4th quarter worth $202,000. 85.92% of the stock is owned by institutional investors and hedge funds.
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About W W Grainger
W.W. Grainger, Inc (Grainger) is a distributor of maintenance, repair and operating (MRO) supplies and other related products and services. The Company offers its products and services to businesses and institutions in the United States and Canada, with presence also in Europe, Asia and Latin America.
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